Year-to-Date the stock performance stands at 16.11%.The company shares have rallied 22.41% in the past 52 Weeks. The company has a 52-week high of $126.12. Home Depot already had gained 15 percent this year through Monday. The firm’s 50-day moving average price is $121.85 and its 200 day moving average price is $115.86. The rating is an average of the various different ratings given by analysts and brokers to Home Depot Incorporated, and then averaged into one rating by a team of analysts at Zacks in Chicago, Illinois. With the volume soaring to 8,728,758 shares, the last trade was called at $120. Like its corporate slogan, “Never stop improving”, the stock is now up more than 2% in 2015 and is up 20% in the past twelve months, outpacing not only the S&P 500 (SPX) index, but also the SPDR S&P Retail ETF (XRT), which is down about 12% on the year. Analysts projected $1.32 a share.
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Home Depot Inc (HD.N), the world’s No. 1 home improvement retailer by revenue, reported better-than-expected quarterly same-store sales, helped by strong demand from both retail customers and professional contractors and builders.
The company’s management also narrowed their full year guidance for fiscal 2016.
Among the analysts, the highest EPS was $1.62 and the lowest was $1.48. Finally, Telsey Advisory Group increased their target price on Home Depot from $125.00 to $133.00 and gave the company an outperform rating in a research report on Wednesday, August 19th. But overall, Tractor Supply benefited from the extended summer selling season, the analyst said.
In other Home Depot news, EVP Teresa Wynn Roseborough sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, August 20th.
In its most recent quarter Home Depot Incorporated had actual sales of $ 24829. The shares were sold at an average price of $121.80, for a total transaction of $730,800.00. Following the completion of the transaction, the executive vice president now directly owns 24,203 shares of the company’s stock, valued at approximately $2,947,925.40.
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Working capital drops significantly Home Depot has witnessed a decline in the working capital over the a year ago. The Home Depot stores sell an assortment of building materials, home improvement and lawn and garden products and provide a number of services. The Home Depot stores average approximately 104,000 square feet of enclosed space, with about 24,000 additional square feet of outside garden area. As of February 3, 2013, the Company was operating 2,256 The Home Depot stores located throughout the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam, Canada and Mexico.
